Smart Lighting Market 2018-2025 Increasing Production Demand and Emerging Technology that Creates a Better Lighting Experience for Consumers

The smart lighting is a technology that enables its users to govern the lighting of any space without being surrounded by unnecessary wires. Smart lighting is a part of upcoming IoT technology, facilitating mobile and sensor based control on the luminosity of lights in a particular space. The intelligent connected lighting offers ecofriendly environment and effectively reduces the consumption of energy. The global Smart Lighting market is expected to grow at a CAGR of 17.1% during the forecast period 2016 – 2025 and accounts for US$ 51.05 Bn in the year 2025.

The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM). With many developing countries in the region of Middle East and Africa, it is expected to have the highest CAGR of 24.4% during the forecast period.

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The shortcoming of a wireless system are occasional disturbance in communications among the devices. When a wireless lighting system is installed in a place, one should always make sure that the keypads, processors and dimmers are within a specific range. For example, some old residential buildings may be constructed with metal wire integrated in the walls that might create disturbance or weaken the signals of a wireless system. Though it has certain drawbacks, it is expected to capture more than half of the lighting market in next few years. Thus, maximum companies are switching their product portfolio to wireless smart lighting solutions. Major players in this segment are Philips, GE, OSRAM and Daintree.

Now a day’s wireless connectivity is taking a leap over the wire abled connecting networks as wireless is more convenient to use. First this technology was used in the telephones now called as the mobile phones and since then the wireless technology has revolutionized the way things were viewed. Wireless technology has given its consumers freedom from the limited range of the wired devices.

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The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

The lighting hardware is highly integrated and dependent on the software platform being used. As there is no common standard for wireless smart lighting products, the complete idea of various smart lighting devices networked together and the entire process of networking becomes complicated. For example, Philips employs ZigBee Light Link, GreenWave uses NXP JenNet-IP and Insteon uses its own wireless technology and all these are incompatible with each other. This incompatibility would result in inconvenience for the user as the choice of products and services will get limited by the platform being used, or else the entire operation of smart lighting would get complicated..

Global Smart Lighting Market Players:

- Koninklijke Philips N.V.

- Eaton Corporation PLC.

- Honeywell International Inc.

- Acuity Brands Lighting, Inc.

- Lutron Electronics Company Inc.

- Digital Lumens, Inc.

- Legrand SA

- General Electric Company

- Osram Licht AG

- Streetlight. Vision

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PHOTONIC ICS Industry Trends, Share, Analysis and Forecast for Global Industry 2018-2025

Photonic Integrated Circuits (PIC), functions analogous to electronic ICs, utilizes photons instead of electrons to carry data. Photons, unit of light, travels comparably much faster than other data carriers, hence data transfer speed has increased dramatically. Global photonic ICs market is expected to rise at a remarkable rate as it offers substantial enhancements in system size, power intake, cost, and dependability.

On the basis of uses, the global photonic IC market is segmented into biophotonics, optical communication, sensors, optical signal processing and nanophotonics. The global photonic IC market is further segmented on the basis of integration methods deployed into monolithic integration, hybrid integration, and module integration. In addition, the global photonic IC market is segmented on the basis of components, namely: modulators, lasers, multiplexers/de–multiplexers, detectors, optical amplifiers and others (such as attenuators, wavelength converters, etc.). The market is segmented on the basis of materials, namely: lithium niobate (LiNbO3), indium phosphide (InP), silicon (Si), gallium arsenide (GaAs), and silica–on–silicon.

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Ongoing limitation of electronic ICs in search of adding more transistors over a single silicon substrate has pressured the industry to invent a substitute. Furthermore, existing principal players have developed monolithically combined InP-based photonic ICs that assimilates more than 600 components/utilities in a single chip. As a result, there is an enormous competition in the marketplace as every single player is aiming at inventing photonic IC-based products which would be capable of integrating large quantities of functions/utilities at low cost. Budget and magnitude saving accomplished by integrating diverse optical modules, including modulators, detectors, and lasers, into a single package is the key focus area for the players within the photonic ICs market. Rising demands for high speed communication combined with developing application zones, specifically in the arena of sensing, optical communications, and biophotonics have powered the progress of the global photonic ICs market. In addition, high power efficiency, inexpensive fabrication, improved reliability, and high data transfer rates offered by photonic ICs are factors which are expected to propel this market. The use of photons for the drive of offering high-speed information processing, computation, and data transmission offers a sound prospect intended for the development of photonic ICs market.

Optical sensors application is an emerging application in this marketplace, which is utilized in fields like aerospace, defense, transportation, energy, and medicine. Quantum computing, a technology soon to be commercialized, is another segment that promises significant utilization of photonic ICs. Photonic ICs are similarly used in biomedical arena, wherein InP-established use of definite photonic ICs are being utilized for the diagnostic examination of opaque skin tissues.

Optical communications is a leading application sector in the photonic IC market, whereas biophotonics and sensing are the other key application segments. Even though the present-day input from optical signal processing segment is the minimum, it is anticipated to witness strong progress post the commercialization of quantum computing.

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North America leads the global photonic IC market, trailed by Europe and Asia Pacific. While North America is the chief photonic IC market, Asia Pacific is anticipated to witness strong growth, overtaking Europe and eventually North America. The development in Asia Pacific can be majorly credited to growing demand from optical communications and biophotonics applications. The worldwide photonic IC market is extremely disjointed and is branded by the presence of large number of players.

Global PHOTONIC ICS Market Players:

- Alcatel-Lucent S.A.

- Infinera Corporation

- JDS Uniphase Corporation

- Huawei Technologies Co. Ltd.

- Avago Technologies Ltd.

- Intel Corporation

- NeoPhotonics Corporation.

- Agilent Technologies

- Ciena Corporation

- Emcore Corporation

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Education ERP Industry Trends, Development and Key Manufacturers Forecast Report 2018-2025

Since long the education market has been growing and evolving expansively and is expected to foresee even better growth in coming years. Enterprise resource planning (ERP) in education has a history and its presence in the major organization has facilitated ease of operations and management process. Enterprise resource planning in education field has enabled integration of various functions of an organization in real time to maintain and manage databases and all the functions efficiently. ERP systems keeps a track of business resources, examine production capacity and govern the status of admissions, and payroll. ERP simplifies the flow of information between numerous business functions, and also it's responsible for updating priority investors.

Educational institutes like universities and schools are more inclined to concentrate upon their core competency by offering quality education. Hence, education industry is intended to outsource the complicated management process to a third party vendors. In universities and schools, ERP system supports comfortable and user friendly management of student information system, enrollment & admission system, payroll, placement management, accounting, transport management and others. Moreover, the demand for security of critical data of institutions is another reason behind consideration of ERP by schools and universities.

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The improvisation in technology and overall demand of concepts related to computing is driving the market for Enterprise Resource Planning in the education sector. This market is projected to rise high significantly with rapid adoption among the educational sector. Also other factors such as emergence of better functionality of educational system, capacity of the system in regards with flexible infrastructure most important reason for driving the market would be the requirement for streamlining the academic process. As these systems stick to a particular set up, possibility of customization is less and therefore there are other substitutes taking over the market, which is restricting the educational ERP market growth.

With the introduction of cloud-based ERP and improvised admin experiences in various institutes the market is expected to vision newly evolving potential markets and hence creating new opportunities for the market growth. This market is broadly segmented into five segments viz., solutions, services, deployment, end-user and region. The solutions segment is further classified into student information system, HR-payroll, financial management, placement management, transport management, 

enrolment & admissions, business intelligence and others. Similarly the services segment further comprises of implementation, consulting, training & support and portal services. Implementation and consultation are already dominate the market, whereas training and support is rapidly catching the speed to generate more and more awareness about the system globally. Based on deployment type the market can be categorized into cloud-based and on-premises. The SaaS based ERP applications is majorly considered by educational institutes because of the low cost related with the maintenance, system updates and acquisition. In terms of its end-users the market is segmented into kindergarten, K-12 and higher education. The high rising growth of administrative application along with the increasing acceptance of automated system have made transfer of information additionally flexible and advanced for the end-users.

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Globally the market is segmented into five regions, namely, North America, Europe, Asia-Pacific, South America and Middle East & Africa. The adoption of ERP is expected to decline in developed economies such as U.K, U.S. and Canada. Whereas in other developing economies, Asia-Pacific, Middle East and Africa, and SAM are expected to propel, as K-12 schools and higher education institutions throughout the regions are unsusceptible towards the new technological deviations. Some of the key players in this market are Dell Inc., SAP AG, Epicor Software Corporation, Ellucian, Jenzabar, Inc., Netsuite, Blackbaud, Inc., Unit4 Software, Infor and Oracle Corporation among others

Global Education ERP Market Players:

Dell Inc.

SAP AG

Epicor Software Corporation

Ellucian

Netsuite

Unit4 Software

Infor

Oracle Corporation

Jenzabar, Inc.

Blackbaud, Inc

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Industrial Wireless Sensor Networks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2025

Wireless sensor networks are distributed autonomous sensors used to observe environmental or physical conditions. Sensors are an essential part of several industries and various applications of sensors has augmented economies of scale and their efficiency. This resulted in decreasing the prices and also, encouraging adoption of sensor networks for various applications. Industries worldwide are adopting sensor networks to monitor their various processes. In addition, industrial wireless sensor networks (IWSN) are cost effective and can be set up faster, benefits gained with the use of wireless sensor networks has led to replacement of wired sensors. IWSN have shown major return on investment (ROI) in industrial applications. Installation of IWSN facilitates is resulted in saving labor costs, energy and materials. Also, IWSN provides the ability to be assimilated to smartphones which helps in monitoring processes by not travelling from one remote end to other,  maintenance and data collection, saves time and enhance productivity. IWSN are mostly used for hard-to-reach and hazardous zones in various industries such as chemicals and mining.

North America dominates the global IWSN market and it is expected to lead the market in the coming years. Whereas, Asia Pacific is the fastest growing region in the market for IWSN due to increasing adoption of IWSN in various industries. Yokogawa Electric Corporation, Schneider Electric S.A., VIAgents, Siemens AG, Texas Instruments, Tridium, Apprion, Inc., Digi International, Inc., SynapSense Corporation, Dust Networks, Inc., Millennial Net, Emerson Process Management, Lantronix, Inc., ABB Ltd., Freescale Semiconductor, Inc. and Honeywell International, Inc. among others are some of the chief markets players operating in the global IWSN market.

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WSN is a part of industrial automation solution and is used for various purposes such as periodic data collection and monitoring events. Demand for automation solutions, growth trend of smart factories, increasing connectivity between industrial processes and increased use of machine-to-machine solutions are the factors driving the growth of global IWSN market. Availability of miniaturized solutions, technological improvements in wireless communication and enhancement in power efficiency are the other factors responsible for growth of IWSN market. Increasing investments in smart cities is anticipated to be a major opportunity for the industry players in the global wireless sensor networks market. Concerns about the security of data in networks is a concern in IWSN market and can hamper its growth.

 The global IWSN market is segmented on the basis of sensor into temperature sensor, pressure sensor, flow sensors, image & surveillance sensor, chemical & gas sensors, level sensors, motion & position sensor, humidity sensor and others. The global IWSN market is further segmented on the basis of application as food & beverages, oil & gas, power & energy, automotive, metal & mining, pharmaceuticals, water & waste water and others. The global IWSN market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa and South America.

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Global Industrial Wireless Sensor Network (IWSN) Market Players:

-          Yokogawa Electric Corporation
-          Schneider Electric S.A.
-          VIAgents
-          Siemens AG
-          Texas Instruments
-          Tridium
-          Apprion, Inc.
-          Digi International, Inc.
-          SynapSense Corporation
-          Dust Networks, Inc.
-          Millennial Net
-          Emerson Process Management
-          Lantronix, Inc.
-          ABB Ltd
-          Freescale Semiconductor, Inc.
-          Honeywell International, Inc.

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Infrastructure as a Service Market Size, Growth and Development For Global Regions: United States, Europe, Japan and China

A segment of cloud computing, infrastructure as a service (IaaS), offers array of physical computing resources, that include network connections, servers, bandwidth and load balancers, which are provided virtually by the cloud service providers (CSPs). IaaS vendors offer computers, physical or virtual machines and other resources. IaaS refers to online services utilized by enterprises such as physical computing resources, data-partitioning, location, security, backup and scaling. Growing demand for recovery in disaster situation and rising demand for hybrid cloud solutions as a service across the globe is the noticeable factor boosting the adoption of IaaS globally. However, higher data security, and privacy issues are anticipated to hinder the global IaaS market. Industries and companies are increasingly adopting IaaS system solutions owing to the rising volume of financial and business data information and other critical data in various verticals. The need for decreasing the operational cost and IT administration, in order to emphasize further on their core business operations, is the primary factor driving the global IaaS market, especially within small & medium enterprises (SMEs).

The global IaaS market is segmented on the basis of deployment model into public cloud, private cloud and hybrid cloud. In addition, the global IaaS market is segmented based on service into compute as a service (CaaS), storage as a service (STaaS), application hosting as a service, disaster recovery as a service (DRaaS), desktop as a service (DaaS), and data center as a service (DCaaS). The global IaaS market is further segmented by end-user verticals, namely: large enterprises, small & medium enterprises/businesses, public sector, BFSI, and others (which include hospitality, retail, etc.).

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IaaS provides a competitive cloud computing platform to the enterprises by enabling shared pool of storage and computing applications for end-users on on-demand basis. Moreover, the technological developments have led to growing mobility, bring your own device (BYOD), and similar digitalization trends in several fields. Flexibility, ease in deployment, and scalability of services with economic benefits are the factors boosting the global IaaS market.

 In addition, increasing penetration of hybrid cloud is further expected to drive the global IaaS market, owing to the introduction of a number of businesses that require solutions which are more economic, ensure flexibility, protect data from disaster and suit the need for their IT requirements based on cloud. Thus, the IT & telecom end-user vertical is anticipated to show healthy growth in the global IaaS market.

 Managed hosting, DRaaS, and STaaS solutions offer enterprises with economical computing and storage capabilities. IaaS market in North America is expected to continue steady growth during the forecast period owing to early acceptance and adoption of IaaS cloud based technology in small and medium businesses (SMBs). The growth in Europe market can largely be attributed to the demand from developed IT market, where enterprises are investing heavily on services and software. In Middle East and Africa (MEA), the market is expected to grow owing to the demand to strengthen the information and communications technology (ICT) capabilities from industry sectors such as construction, oil & gas, healthcare, telecommunications, and public institutions. Furthermore, in the South America (SAM) region, the increasing usage of online applications, social websites, and smart phones along with the growing private sector demand are seen as driving factors for the growth of IaaS market. Asia Pacific (APAC) IaaS market is anticipated to grow at a brisk rate, owing to the increasing number of SMEs. Globally, the key IaaS vendors and service providers include Mindtree Pvt. Ltd., Amazon Web Services, Inc., IBM Corporation, Cisco Systems, Inc., Savvis, Google Inc., VMware, Inc., Microsoft Corporation, Rackspace Inc., Fujitsu Ltd., Computer Sciences Corp, and Profitbricks Inc. among others.

Global Infrastructure as a Service Market Players:

- Mindtree Pvt. Ltd.

- Amazon Web Services, Inc.

- IBM Corporation

- Cisco Systems, Inc.

- Savvis

- Google Inc.

- VMware, Inc.

- Microsoft Corporation

- Rackspace Inc.

- Fujitsu Ltd.

- Computer Sciences Corp

- Profitbricks Inc.

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Bluetooth Smart Market Report 2017 - Global Bluetooth Smart Market Players: Bluegiga Technologies Oy, Nordic Semiconductor ASA, Qualcomm Inc., Dialog Semiconductor PLC

Bluetooth offers exchange of information over short range from mobile and fixed devices. It is a wireless technology developed as an alternative to data cables and it is wireless personal area network (WPAN) topology designed. Devices compatible with Classic Bluetooth (2.0 and 3.0) and Bluetooth 4.0 are identified as Bluetooth smart ready devices. Whereas, devices that supports Bluetooth 4.0 are recognized as Bluetooth smart devices.

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Furthermore, low power requirement is one of the chief factors for the adoption of Bluetooth smart technology. Presently, wireless sensors are implanted in many of the consumer wearable products and electronic gadgets. With the help of Bluetooth technology, these wireless sensors connects with each other. Therefore, development of smart wireless sensors is a significant driving factor to bolster the growth of global Bluetooth smart system-on-chip (SoC) market. Additionally, the users does not need to incur any extra costs as traditional Bluetooth Smart Ready products are only supported by Bluetooth enabled devices. Low cost coupled with low power requirements are the factors responsible for the increase in growth of Bluetooth smart SoC market. Increasing demand for tables, smartphones and other wearable devices are the key drivers for growth of global Bluetooth smart SoC market.

 With the increased adoption of Bluetooth and Bluetooth Smart enabled gadgets and accessories, a connected infrastructure for electronic gadgets has formed. However, Bluetooth lacks in transferring heavy data and has a low streaming capacity, as compared to Wi-Fi and near field communication. Low streaming capacity is a key factor that hinders the global Bluetooth Smart SoC growth. Also, privacy and security concerns regarding the use to Bluetooth technology can be a major challenge for the industry players.

 The global Bluetooth smart SoC market is segmented on the basis device type into Bluetooth smart and Bluetooth smart ready. The global Bluetooth smart SoC market is further segmented on the basis of applications into automotive, healthcare, building & retail, wearable electronics and consumer electronics. The global Bluetooth smart SoC market is bifurcated by regions into North America, Europe, Asia Pacific, Middle East & Africa and South America.

 North America dominated the global Bluetooth smart SoC market with the increased adoption of Bluetooth smart and Bluetooth smart ready products. Whereas, Asia Pacific is expected to witness fastest growth in the market with the rising penetration of smartphones that support Bluetooth.

Bluegiga Technologies Oy, Nordic Semiconductor ASA, Qualcomm Inc., Dialog Semiconductor PLC, Broadcom Corporation, Texas Instruments Inc., Mediatek Inc., NXP Semiconductors, Cypress Semiconductor Corporation, CSR PLC, Marvell Technology Group, Ltd. Among others are some of the key markets players operating in the global Bluetooth smart SoC market.

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Global Bluetooth Smart Market Players:

-    Bluegiga Technologies Oy                     

-    Nordic Semiconductor ASA

-    Qualcomm Inc.

-    Dialog Semiconductor PLC

-    Broadcom Corporation

-    Texas Instruments Inc.

-    Mediatek Inc.

-    NXP Semiconductors

-    Cypress Semiconductor Corporation

-    CSR PLC

-    Marvell Technology Group, Ltd.

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Solid State Lighting Market Size, Shares, Status, Analysis and Forecast Report 2018-2025

The term solid state lighting refers to the light emitted by solid-state electroluminescence or fluorescent tubes. Solid state lighting (SSL) uses polymer light-emitting diodes, semiconductor light-emitting diodes, and organic light-emitting diodes as a source of radiance.

 Compared to the conventional lighting technologies such as incandescent lamps, the solid state lighting products provide higher output with lesser amount of energy. Incandescent lamps failed in optimum conversion of electrical energy into light, and SSL overcomes this issue. Additionally, high durability (5 to 8 years) of SSL products is another advantageous feature which is expected to boost the adoption of SSL products during the forecast period. Furthermore, lower maintenance costs, reduced size, versatility, and high energy efficiency of SSL products when compared to other conventional products, is expected to propel the global solid state lighting market during the forecast period. The solid state lighting product are designed to reduce the biological impacts, thereby prompting their use across the globe. Also, improved optical distribution of light in SSL products, significantly reduces the light wastage/scattering, and therefore produces better illumination.

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Reduction in amount of manufacturing material (such as aluminum) for SSL products lowers the manufacturing cost and time, thereby serving as a key opportunity area for the SSL vendors globally. Furthermore, the expected implementation of SSL, owing to enhanced color stability and lumen proficiency, within several lighting applications including automotive lighting, general lighting, and medical lighting, is analyzed to promise significant growth within the global solid state lighting market. The high initial cost of SSL products hinders the global solid state lighting market. Additionally, poor efficiency of SSL products in heat sensitive applications further restricts the global solid state lighting market.

 The solid state lighting market has been segmented on the basis of technology into light-emitting diodes (LED) and organic light-emitting diodes (OLED). The SSL market has been further segmented based on applications, namely: general lighting, automotive lighting, electronic billboards, backlighting, and medical lighting. On the basis of installation type, the global solid state lighting market has been fragmented into new installation and retrofit. Additionally, the global solid state lighting market has been further segmented by end-user industry verticals into residential, education & research, healthcare, commercial, industrial, consumer electronics, and automotive & transportation.

 Asia Pacific (APAC) is observed as the largest pool for global solid state lightning market owing to availability of cheap labor and low manufacturing costs. In addition, North America leads the global solid state lighting market owing to a significant implementation of SSL technology in lightning products. In addition, governments of developed regions such as the North America and Europe, are planning to ban incandescent bulbs and increase adoption of energy-efficient and eco-friendly technologies for illumination, thereby further expected to bolster the global solid state lighting market In South America (SAM), Brazil is expected to be is largest contributor to global solid state lightning market due to rapid infrastructural development propelling employment of large amount of SSL products.

 Some of the key players operating within the global solid state lighting market include Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V., Seoul Semiconductor Co. Ltd., Applied Materials, Inc., Cambridge Display Technology Ltd., Mitsubishi Electric Corporation, Cree, Inc., Eaton Corporation PLC., Lumenpulse Inc., Energy Focus, Inc., Samsung Electronics Co. Ltd., and Tridonic Gmbh & Co. KG among others.

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Global Solid State Lighting Market Players:

- Osram Licht AG

- Nichia Corporation

- General Electric Company

- Royal Philips Electronics N.V.

- Seoul Semiconductor Co. Ltd.

- Applied Materials, Inc.

- Cambridge Display Technology Ltd.

- Mitsubishi Electric Corporation

- Cree, Inc.

- Eaton Corporation PLC.

- Lumenpulse Inc.

- Energy Focus, Inc.

- Samsung Electronics Co. Ltd.

- Tridonic Gmbh & Co. KG

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IoT Cloud Platform Market Player 2025 - General Electric, IBM Corporation, Microsoft Corporation, Google, SAP SE

Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Rear Spoiler market. Additionally, the report also highlights market entry strategies for various companies across the globe.

The global network connectivity, affordable compute power combined with ironic insights make IoT valuable for enterprises and consumers. The conjunction of devices, cloud, and analytics is creating an opportunity for independent software vendors and system integrators. The Cloud Service in IoT is a safe and scalable platform that help organizations build and deploy IoT applications and abundantly capture and analyze their IoT data.

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The report aims to provide an overview of global IoT cloud platform market with detailed market segmentation by Deployment Models, platform, application and geography. The global IoT cloud platform market is expected to witness high growth during the forecast period.

Global IoT Cloud Platform Market Players:

Amazon Web Services, Inc.

General Electric

Google Inc.

iControl Network

IBM Corporation

Microsoft Corporation

PubNub, Inc.

Salesforce, Inc.

Samsung Electronics Co. Ltd

SAP SE

Objectives of IoT Cloud Platform Market Report are as follows:
• To provide overview of the global IoT Cloud Platform  market
• To analyze and forecast the global IoT Cloud Platform  market on the basis of components, application, size and technology 
• To provide market size and forecast till 2025 for overall IoT Cloud Platform  market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key IoT Cloud Platform  players influencing the market along with their SWOT analysis and market strategies
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Key questions answered in this report 
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Smart Robots 2017 Global Market Key Players, Growth and Development For Global Regions: United States, Europe, Japan and China

Smart robots have substituted man in execution of tasks that are either dangerous or repetitive, where man is in capable of performing owing to body limitations, or tasks that occur in extreme environments such as outer space or the bottom of the sea. Additionally, smart robots are designed to carry out specific tasks for personal, professional, and industrial applications such as elderly assistance, pool cleaning, and robotic pets among others. Smart robots make use of artificial intelligence (AI) and are operational without the need of human inputs. Smart robots can work independently on a specified task and can also work in tandem with human beings in various service and industrial applications.

The global smart robot market is segmented on the basis of application into service robots and industrial robots. Further, the service robots are sub-segmented into professional service robots and personal service robots. Furthermore, professional service robots are used across security & defense, logistics, firefighting, medical, demining, maintenance, inspection, and various other applications, while personal service robots are used across household, leisure, and entertainment applications. Industrial robots are further sub-segmented on the basis of their applications into beverages, food, electronics, and automotive segments. In addition, the global smart robot market is segmented on the basis of components into software and hardware.

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Within the professional service robot segment, medical domain has been a key growth segment where there is a growing demand for smart hospital delivery and robot surgeons. Comparatively, industrial robots are more popular than service robots and these are anticipated to drive the smart robots market during the forecast period. Moreover, the growth in the deployment of smart robots in the education sector is expected to be a promising prospect for the smart robot vendors

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The noteworthy drivers of smart robots market include adoption of smart robots by e-commerce sector, growing demand from the healthcare industry, the increasing domestic service sector, and the rising demand of robots for elderly assistance. The growing service robot segment is a fundamental part of the advanced computer industry and much of the processing unit, sensor technology, and software is developed by smart robot manufacturers. Contrariwise, the smart robots market is hindered by high initial investment associated with the research & development department activities and reduced pace of commercialization of this technology. Further, the smart robots can be a threat if there is an error in the software algorithm embedded in them. This can have a negative impact, harm the surrounding environment and act as a major hindrance to the market. Additionally, the utilization of smart robots in manufacturing vertical is resulting in growing unemployment problem. These factors are anticipated to restrict the global smart robots market.

Europe and North America are the biggest markets for smart robots and are driven by rapid commercialization and the progress of their manufacturing industry. Additionally, the early acceptance of technology in these geographies has encouraged the smart robot market to prosper at a brisk rate. On the contrary, it is expected that Asia Pacific (APAC) would be the front-runner, registering fastest growth rate due to significant technological advancements. Additionally, the present boom in the automotive sector is predicted to drive the smart robots markets in APAC. Within APAC, service robots market demand is likely to grow in countries such as China and India owing to the advancements in the manufacturing sector..

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Global Smart Robots Market Players:

- Aethon Inc.

- Lely Group

- Irobot Corp.

- Northrop Grumman Corp.

- Google Inc.

- Intuitive Surgical Inc.

- Delaval Group

- Honda Motor Co. Ltd.

- Amazon.Com

- KUKA AG

- ABB Ltd.

- Fanuc Corp.

- ECA Group

- Geckosystems Intl. Corp.

- Yaskawa Electric Corp.

- Adept Technology Inc.

- Bluefin Robotics Corp

Key questions answered in this report 

- What will the market size be in 2025 and what will the growth rate be?

- What are the key market trends?

- What is driving this market?

- What are the challenges to market growth?

- Who are the key vendors in this market space?

- What are the market opportunities and threats faced by the key vendors?

- What are the strengths and weaknesses of the key vendors?

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